by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
About two months ago, I was on this site re-reading many of the How-To Articles and course descriptions. My wife happened to look over my shoulder while I was on JP Vaughan’s article How to Buy Real Estate for 1/2 Price. So, the next time she had to meet with my...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I live in a rural area in north central Missouri. The typical town here is about 6,000 to 15,000 people, and they’re all about 15 to 20 miles apart. Each town seems to have it’s own little newspaper. I put a black-bordered display ad in about six of those...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
Several weeks ago, I was stopped at a red light when I noticed the driver next to me motioning me to pull over. When I did, she told me that she saw my “I BUY HOUSES” sign on my car and asked if I would follow her to her house which she wanted to sell....
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I purchased tax certificates in Waterloo and Harlan County, Iowa, and the profit margin was substantial. I must state here that I am not an accountant nor a bookkeeper, so I can’t give you exact percentages and figures. But in Harlan, Iowa, I invested about...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
You gotta love bank foreclosures! Recently, my partner and I purchased a two-family home from a bank, post-foreclosure. Prior to the foreclosure, the bank was trying to sell the property for $133,000 (the outstanding mortgage). No offers. They then took the property...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I wrote you before about a success story that made me over $20K in 30 days and I had to share another one with you. [See $23,000 Profit in Less Than 30 Days.] I purchased a two-family house at the local tax auction for $6,500 last month. Fourteen days later, I sold it...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I made a lot of mistakes on this deal, but still ended up with $16,000 in equity and a $300 monthly cash flow. I purchased a 4-bedroom fixer from FNMA for $34,500. My first mistake was I spent too much on repairs to the tune of $20,000. So now I was into the property...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I got a call from another member of our REIA [Real Estate Investment Association] group in another county, and he said someone had just called him wanting to sell their house and 1.5 acres for $15,000–quick sale! As soon as I hung up the phone, I called the...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
I’ve been following this website for about six months now, and you’re to be congratulated. This is a great site and service. Thank you. I finally got the nerve to do my first deal, which I think went very well. I searched high and low for months and made a...
by Brandon Reynolds | Dec 29, 2008 | Real Estate Investor Success Stories
Thanks to all who have contributed positive and thought-provoking information to this site. I did a deal about two months ago (and was content), but my continued visits to CRE Online pretty much forced me to go beyond my comfort zone and scrounge around for another...
